Babylon HOA and condo assessments governed by RPL 339-B (condos) requiring common charges. Liens available for unpaid assessments under RPL 339-z (condos) with priority over most non-mortgage liens.
New York Real Property Law 339-z grants condominium associations a lien on units for unpaid common charges, with priority only behind first mortgages and certain tax liens. HOAs organized as not-for-profits derive lien rights from their declarations. Condominium liens can be foreclosed under RPL 339-aa. Special assessments must follow declaration and bylaws requirements, typically board authority up to a threshold with unit owner vote required for larger amounts. Late fees and interest accrue per governing documents, typically 12-18 percent annually.
Non-payment: lien filed, potential foreclosure under RPL 339-aa. Improper special assessment: owner may challenge in court. Failure to follow declaration voting requirements: assessment may be voided.
See how other cities in Suffolk County handle assessment & dues.
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